Job Description

We are seeking skilled Traders to join our expanding trading team, specializing in mid-frequency trading strategies with a focus on executing options intraday models. The selected candidates will play a crucial role in implementing trading strategies using our approved software platforms.

Key Responsibilities:

Execution of Trading Strategies:

• Execute intraday trading strategies, particularly focusing on options, to capitalize on market opportunities and maximize profitability.
• Utilize advanced trading techniques and models to achieve optimal results while managing risk effectively.

Market Analysis and Strategy Development:

• Conduct comprehensive market analysis to identify potential trading opportunities based on options pricing, volatility, and market trends.
• Collaborate with the team to develop and refine trading strategies that align with the firms objectives and risk parameters.

Software Utilization:

• Utilize approved trading software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) proficiently for trade execution, data analysis, and risk management.
• Provide feedback and suggestions for software enhancements or additional tools that could improve trading efficiency.

Risk Management:

• Implement robust risk management techniques to monitor and mitigate trading risks in real-time.
• Ensure compliance with regulatory guidelines and internal risk limits while optimizing trading performance.

Performance Monitoring and Reporting:

• Monitor and evaluate trading performance metrics including profitability, risk-adjusted returns, and trading costs.
• Prepare regular reports on trading activities and performance metrics for review by senior management and stakeholders.

Requirements:

• Bachelor’s degree in Finance, Economics, Mathematics, or related field. Advanced degrees (e.g., MBA, CFA) preferred.
• Minimum 5 years of experience as a Trader in a brokerage firm or financial institution, specializing in mid-frequency trading with a focus on options.
• Proven track record of executing successful options trading strategies in dynamic market environments.
• Experience managing substantial trading margins (more than 100 crores) and delivering consistent performance.
• Proficiency in using trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.
• Strong analytical skills with attention to detail.
• Ability to thrive in a fast-paced, high-pressure trading environment.
• Excellent communication and interpersonal skills.
• Proactive problem-solving abilities and decision-making skills.